Lloy's moving company is considering purchasing a new equipment that costs$728,000. Its management estimates that equpment will generate cash as follows:

year 1 $214,000

year 2 $214,000

year 3 $264,000

year 4 $264,000

year 5 $150,000

Present value of $1:

6% 7% 8% 9% 10%

10.9430.9350.9260.9170.90920.

8900.8730.8570.8420.82630.8400.

8160.7940.7720.75140.7920.7630.

7350.7080.68350.7470.7130.6810.6500.621

The company's annual required rate of return is 9%. Using the factors in the table, calculate the present value of the cash flows. (round all calculations to the nearest whole dollar.

A $894,000

B $853,320

C $892,000

D $864,646